UK Inflation Jumps to 3.0%, Raising Doubts Over March BoE Rate Cut; GBP/USD Spikes

On Wednesday, February 19, January’s UK Consumer Price Inflation Report cast doubt on expectations for a March Bank of England (BoE) rate cut.
The UK’s annual inflation rate accelerated from 2.5% in December to 3.0% in January, surpassing t
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